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Punjab to offer Rs1m per tractor subsidy to farmers

LAHORE: In a groundbreaking move, the Punjab government has allocated an unprecedented Rs30 billion to offer a...

Published 28 Nov, 2024 08:01am

First consignment of tractors reaches Tanzania

ISLAMABAD: Pakistan has started export of tractors to an African country, Tanzania, with the first consignment of...

Updated 31 Oct, 2024 03:05pm

Business & Finance

Sales tax on tractors hiked to 14pc from 10pc

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday increased sales tax from 10 to 14 percent on import and...

Updated 24 Oct, 2024 08:59am

Business & Finance

Increase in sales tax from 10pc to 18pc on tractors criticized

ISLAMABAD: The poor farmers and agriculturists have expressed serious concern over the Federal Board of Revenue’s...

Published 23 Sep, 2024 06:45am

BR Research

Al-Ghazi Tractors Limited

Al-Ghazi Tractors Limited (PSX: AGTL) was incorporated in Pakistan as a public limited company in June, 1983. AGTL...

Published 06 Sep, 2024 09:00am

Business & Finance

Tractor industry on brink of shutdown: PAAPAM

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has announced that the...

Updated 10 Aug, 2024 07:38am

Govt mulling raising GST on tractors to 14pc

ISLAMABAD: The federal government is planning to raise sales tax on tractors from 10 to 14 percent. In the last...

Updated 04 Aug, 2024 09:53am

Business & Finance

Purchase of tractors: Paapam lauds Punjab govt’s planned package for farmers

LAHORE: Paapam has welcomed news in the media regarding subsidies to be offered to the farmers for the purchase of...

Published 10 Jun, 2024 06:52am

Sales tax on tractors, pesticides likely

ISLAMABAD: The federal government is likely to impose sales tax on tractors as well as pesticides during the...

Updated 10 May, 2024 08:57am

MTL barred from selling tractors to any third party

ISLAMABAD: The Chief Justice of Sindh High Court (SHC) has stopped a leading tractor manufacturer from selling 954...

Updated 03 Apr, 2024 09:47am

Pakistan

CNH Industrial donates tractors and engines

KARACHI: In a significant development, CNH Industrial, a global agricultural machinery company, under the patronage...

Published 21 Dec, 2023 03:54am

Business & Finance

Belarus wants to bring in technology to assemble tractors, electric vehicles

ISLAMABAD: Pakistan and Belarus on Tuesday agreed to enhance cooperation by building a comprehensive and...

Published 31 May, 2023 03:56am

Business & Finance

UAE’s Al-Futtaim invests Rs2bn to digitally upgrade Al-Ghazi Tractors

UAE-based Al-Futtaim Group has invested Rs2 billion to digitally transform and overhaul the IT infrastructure of its...

Updated 14 Feb, 2023 04:58pm

FTO orders FBR to initiate probe into ‘tractor fraud’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued an order in favour of poor growers/ farmers community of Sindh...

Updated 13 Feb, 2023 09:19am

Import of used tractors: ECC asks MoC, SBP to rethink

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has directed Commerce Ministry and State Bank of...

Updated 30 Jan, 2023 09:23am

BR Research

Millat Tractors Limited

Millat Tractors Limited (MTL) is a public limited company established in 1964. Its first assembly plant was set up ...

Published 24 Jan, 2023 09:42am

Business & Finance

ECC approves import of ‘old’ tractors

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved import of up to five-year old tractors...

Updated 18 Jan, 2023 10:21am

Business & Finance

Fleecing end-consumers: FTO issues second order against MTL

ISLAMABAD: Federal Tax Ombudsman (FTO) has unearthed that Millat Tractors Limited (MTL) has not passed on the relief...

Published 21 Dec, 2022 06:46am

Markets

Low demand: Millat Tractors to observe non-productive days on Fridays

Large Scale Manufacturing Industries (LSMI) output witnesses decline of 3.6% month-on-month in October

Updated 15 Dec, 2022 05:56pm

BR Research

Baluchistan Wheels Limited

Baluchistan Wheels Limited (PSX: BWHL) was established in 1980 with technical collaboration of GKN Sankey Limited,...

Published 16 Sep, 2022 08:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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